Opinion

Donald Trump tests the limits of campaign speech. He makes false statements and refuses to correct them. He attacks other religions and ethnic groups, inflaming domestic tension and foreign terrorist rage. He pledges to overhaul long-standing US commitments in ways that frighten allies. He cavalierly predicts a “massive recession,” undermining confidence in the US economy. When criticized, Trump adopts the ...

Massive recession and charges of juggling government accounts to disguise the depth of budget shortfalls during her 2014 re-election, combined to weigh heavily on Brazilian President Dilma Rousseff, who is currently facing imminent impeachment. But she and her supporters argue that this relatively technical accusation regarding the budget is not an impeachable offence. Indeed, the grip is tightening on Rousseff, ...

Narayana Kocherlakota The steady improvement of the U.S. economy has led many to conclude that the Federal Reserve should keep removing stimulus by resuming interest-rate increases this year. I disagree: With inflation pressures low, there’s a lot more the Fed can and should do to get people back to work. To understand my point, consider three charts. The first shows ...

The independence of Hong Kong’s economy, its transparency and its makeup has made it a regional benchmark for market players looking at the broader economic outlook. That was the case in the aftermath of the 1997/98 Asian Financial Crisis and the 2008 Great Recession. As the fallout from last’s year’s Great Fall of China continues, the former British territory is ...

As the current presidential election campaign gathers momentum in the United States, a remarkable distrust of free trade and globalization appears to have gained a voice in mainstream politics. Distrust and anger at unbalanced trade has facilitated the rise of Donald Trump, the Republican Party front-runner, and helped Bernie Sanders in his bid to win the Democratic Party nomination. Opposition ...

The Competitive Enterprise Institute is getting subpoenaed by the attorney general of the U.S. Virgin Islands to cough up its communications regarding climate change. The scope of the subpoena is quite broad, covering the period from 1997 to 2007, and includes, according to CEI, “a decade’s worth of communications, emails, statements, drafts, and other documents regarding CEI’s work on climate ...

Woe is Brazil. As the summer Olympics approach in August, Latin America’s largest country — with a population of 206 million and an economy that is 40 percent of the region’s total — is caught in a harsh slump and faces a political crisis that could result in its president being impeached. How did this happen? What does it mean? ...

As time ticks for the UK’s June 23 referendum — to stay or exit the European Union — rival sides in Britain are making their strong cases, amid global concern over Brexit. While those campaigning to leave the EU say the country would be better off by focussing on new markets, those in favour of remaining in the bloc argue ...

Catherine Putz SPECIAL TO EMIRATES BUSINESS The Asian Development Bank this week oversaw the signing of an investment agreement among the four partners in the much-discussed Turkmenistan-Afghanistan-India-Pakistan pipeline. The four agreed to invest an initial budget of more than $200 million. As has been frequently discussed in these pixels, the TAPI project is impressive in its ambitions and massive in ...

PRINCETON, N.J. — One of history’s most important battles happened here on a field you can walk across in less than half the 45 or so minutes the battle lasted. If George Washington’s audacity on Jan. 3, 1777, had not reversed the patriots’ retreat and routed the advancing British, the American Revolution might have been extinguished. Yet such is America’s ...